Question: Payment dates. Determine when a firm must pay for purchases made and invoices dated on November 25 under each of the following credit terms a.

Payment dates. Determine when a firm must pay for purchases made and invoices dated on November 25 under each of the following credit terms

a. net 30 date of invoice

b net 30 EOM

c. net 45 date of invoice

d. net 60 EOM

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